Part 1 Portrait Of A Winner – Technical Analysis Course
Sunday, December 19th, 2010Those trading futures are usually able to develop styles that win. However , most aren’t able to resist getting away from the styles that win for them most of the time. The winner sticks to a winning style and knows that this requires patience and perseverance . Learning from a technical analysis course, a winner has the strength to wait for the opportunities for which his style is tailor-made . The winner is a controller first . He loves to keep focused on those loaded trades. He’ll come up with a paper list of reasons he should make a trade. The fact that sure thing trades are few is something the winner realizes he never overlooks great trades and he sits tight on good positions . It pays to be disciplined !
He admits his fallibility , but taking a turn is his intent and knows that there is no easy way for doing it . He is a thorough assessor of sound fundamentals . Many times, he will talk about all the market aspects he is involved in . A winner acts ruthlessly and smells fear . He inspects the market’s human element .
His style is magnificent . He’s quiet, peaceful, and calm . He may look bored on the outside . (He probably is). His eyes twinkle . He enjoys people and life . But , watch out if you were to get too close to him or to interfere with his game plan – to attempt getting information from him , or an idea about what he’s trying to do, – to ask his opinion of the market ,- what’s going to occur ! Just try bugging him and see what happens to you . Otherwise his sparkling ambience will be showered upon you . These are the signs of a technical analysis course graduate.
His behavioral skills are both recognized and developed. He has the incredible self control he needs to over-ride the sterile habits developed and rehearsed for many years .
They are pragmatists . A position will never be held by them during a vacation. At times they take an exit from the market to check on profits, look at the situations again, and get some rest. He learns what caused his successes (not his failures). He records its persistence . He knows that it’s a winning style that pays . He knows his environmental place and controls it . He knows that big money can be earned by those who can accept the emotional risk of going against universal opinion . He is leery of bucking trends , but at the same time knows its’ golden opportunities . He’s aware of when he should strike , – striking with the reaction of the market to fundamentals and his own technical analysis . He outguesses the price changes of tomorrow, [PL charting], as they are likely to depend on tomorrow’s news, or anticipated news ;- weather changes, strikes, or a newly released crop estimate. The awareness and discipline he has results in a low aversion to taking risks. A technical analysis course show’s that he is a realist . You do not have to tell him that those with low aversion to risk , either pessimist or optimistic , have the best chance of making profits .